1. Draft 2027 budget reviewed; approval planned for December General Manager Mark Larsen presented a draft budget with roughly $18 million in expenses and $15 million in revenue. It includes an estimated $10 million to purchase supplemental water as part of a proposed shift from the overdraft-water program. The draft anticipates roughly $11 million from reselling that water, but prices have not been set. Administrative costs are projected to fall about 9%. The draft retains a $6-per-acre county assessment and sets 2027 well-mitigation spending at $1 million; staff said the budget could be revised if claims exceed that amount. Under the five-year projection’s assumptions, cash on hand would decline from about $27 million to about $7 million by the end of 2031. No budget or allocation change was approved at this meeting.
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